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Buisness in the nature of commission
can an assesse file a loss return without doing audit of his books of accounts carrying the buisness in nature of commission?
Replies (3)
Depends upon turnover i.e. total receipts of the business........
If below 1Cr....... then YES.
under which s section of income tax act?
Section 139(4) of IT act........ read with sec. 44AB...
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